SEC Form 4 · accession 0001127602-18-030445
VARIAN MEDICAL SYSTEMS INC · VAR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John W Kuo
Officer — SVP, Gen Counsel and Secretary
Period of report
Oct 15, 2018
Accepted (ET)
Oct 17, 2018 · 2:22 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000203527
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Oct 15, 2018 | M | 600 | $67.12 | A | 30,686 | D | |
| Common StockF2 | Oct 15, 2018 | S | 600 | $104.9383 | D | 30,086 | D | |
| Common Stock | Oct 15, 2018 | M | 262 | $67.12 | A | 30,348 | D | |
| Common StockF3 | Oct 15, 2018 | S | 262 | $106.0095 | D | 30,086 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non Qualified Stock Option (Right to Buy)F4 | $67.12 | Oct 15, 2018 | M | 600 | D | — | Feb 12, 2023 | Common Stock | 600 | 3,716 | D |
| Non Qualified Stock Option (Right to Buy)F4 | $67.12 | Oct 15, 2018 | M | 262 | D | — | Feb 12, 2023 | Common Stock | 262 | 3,454 | D |
Explanation of responses
- F1This transaction is pursuant to the filer's SEC Rule10b5-1 Stock Plan
- F2The 600 shares were sold in multiple transactions executed on the same day at prices ranging from $104.60 to $105.53. The detailed breakdown of executed sales will be furnished upon request.
- F3The 262 shares were sold in multiple transactions executed on the same day at prices ranging from $105.96 to $106.04. The detailed breakdown of executed sales will be furnished upon request.
- F4Stock option granted under the Varian Medical Systems, Inc. Third Amended and Restated 2005 Omnibus Stock Plan which complies with Rule 16b-3. The option vests as follows: one third on 2/12/2017, and the remaining shares in 24 equal installments over the 24 months following the first vesting date.